Bitcoin price falls back to 95,000 as ETF inflows cool
Bitcoin fell back to the $95,000 area on 16 January 2026 after giving up most of the prior session’s advance, as spot exchange-traded fund flows cooled and traders focused on delays to a U.S. crypto market-structure bill.
Bitcoin touched an intraday high of $97,870 on 15 January before sliding; it was last changing hands around $95,684.
Data from SoSoValue showed U.S. spot Bitcoin ETFs took in $100.1 million of net inflows on 15 January, down sharply from $843.6 million a day earlier. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $315.7 million of inflows, while Grayscale’s Bitcoin Mini Trust (BTC) and Valkyrie’s BRRR drew a combined $9.7 million. Fidelity’s Wise Origin Bitcoin Fund (FBTC) and Grayscale’s Bitcoin Trust (GBTC) recorded outflows of $188.8 million and $36.4 million, respectively, offsetting much of the day’s demand.
The softer flow picture came as industry executives escalated criticism of a Senate version of a crypto market-structure proposal that had been slated for a markup on 15 January. Coinbase chief executive Brian Armstrong was among those flagging what he described as restrictive language in the draft. The Senate Banking Committee subsequently canceled the planned markup, indicating it needed more time to secure support for the measure. Separately, the Senate Agriculture Committee had postponed its own planned late-January markup, also citing unresolved issues around the legislation.
Market sentiment indicators reflected the shift in tone. The Crypto Fear and Greed Index dropped 12 points to 49, returning to a “neutral” reading after briefly moving into “greed” a day earlier, as Bitcoin traded below $100,000 and investors weighed the legislative stalemate against recent price momentum.
Separately, Binance Research published a full-year 2025 review and 2026 themes note on 15 January 2026 that focused on Bitcoin’s market and network backdrop. The report said U.S. spot Bitcoin exchange-traded funds logged more than $21 billion of net inflows in 2025 while corporate holdings exceeded 1.1 million BTC, about 5.5% of supply. It also cited network security metrics with hash rate above 1 zettahash per second and mining difficulty up about 36% year on year, alongside a roughly 16% year-on-year decline in active addresses. As GNcrypto noted previously, the report framed Bitcoin demand as increasingly driven by financial channels even as base-layer activity stayed softer than earlier cycle peaks.
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